video
map
streetview
 

Fábrica 21

Principe Real - Lisbon

3 - 4

Price on application

Offering some of the best city and river views in Lisbon, Príncipe Real’s former coffee factory is beginning a new life. Undergoing a complete restoration, this architectural highlight is being turned into an impeccable selection of apartments for sale in Lisbon, within one of the city’s most sought-after and sophisticated districts. A fresh take on property redevelopment within a market that continues to grow in popularity.

Key features

Town centre
Balcony
City Views
Covered parking
River views
Golden visa

The property

Ranging from 2 to 4 bedroom apartments with gross areas of 120-350 sqm and terraces up to 150 sqm, all units have been thoughtfully designed, presenting top-quality finishes and benefiting from private parking and storage rooms. And all this in a quiet street just a few steps away from Príncipe Real Gardens and 700 meters from chic Chiado.

The perfect place for those living with high quality in the centre, close to everything that matters, yet away from the crowds.

Investment potential

With a shortage of supply and ever-growing demand for high-end properties in Príncipe Real – one of Lisbon’s most sought-after areas – projects like this don’t come often, especially considering the views on offer.

Prices for new built and refurbishments in Príncipe Real average from €6,630/sqm to €11,169/sqm, according to the data collected by Confidencial Imobiliario. This collections of apartments for sale offer an average of €7,862/sqm with rental yields up to 6.5%, yet the combination of its prime location, its stunning views, the size and finishes are of such a level that it represents a significant investment opportunity. This property is also available for the Golden Visa Programme investors.

Location

Considered one of the loveliest neighbourhoods, Príncipe Real is named in homage to Queen Maria II's firstborn “Royal Prince”. Calm and elegant, this neighbourhood offers a more peaceful alternative to Chiado, right next door. Set on the pinnacle of one of Lisbon’s seven hills, Príncipe Real slopes up from one of the city’s best viewpoints – São Pedro de Alcântara – to the historic Príncipe Real gardens. Connected by a patch-work of noble squares, with century-old trees, ponds and views over the city and glittering Tagus River, this area is very central and well-connected. Cosmopolitan and bohemian, it is also home some of the most sought-after restaurants, terraces, and concept stores.

Príncipe Real

Considered by Lisboetas to be amongst Lisbon’s loveliest neighbourhoods, Príncipe Real is named in homage to Queen Maria II's firstborn “Royal Prince”. Calm and elegant, this neighbourhood offers a more peaceful alternative to Bairro Alto, its charmingly boisterous neighbour. Set on the pinnacle of one of Lisbon’s seven hills, Príncipe Real slop...

Carlota Pelikan Carlota Pelikan

How to invest in Portuguese property

Our growing library of guides explores everything from the Golden Visa and NHR programmes through to relocating to Lisbon. Athena Collection

Get in touch

Request Details

Or call us at:

Enquire About This Property

- Added to shortlist

- Removed from the shortlist

Undo